FCT Minister Wike Invites German Investment in Abuja

Nyesom Wike, the Minister of the Federal Capital Territory (FCT), called for increased German investment in Abuja's information and communication technology (ICT) and agriculture sectors during a visit from German Ambassador to Nigeria, Stefan Rössel, in Abuja. Wike highlighted the historical economic, cultural, and political ties between Nigeria and Germany, expressing the FCT Administration's commitment to enhancing cooperation in key development areas.

He stated that transforming Abuja into a world-class capital requires a secure environment and modern infrastructure to attract foreign investments. Wike acknowledged the challenges Abuja has faced, particularly regarding security and urban infrastructure, but noted that the current administration is addressing these issues through improved security measures and road construction.

He also defended the economic reforms introduced by President Bola Tinubu's administration, urging patience among Nigerians as these structural reforms take time to yield benefits. Rössel reaffirmed Germany's interest in collaborating with the FCT Administration on urban planning and infrastructure development.